Residential Estate Set Amongst Existing Vegetation

Vacant Land - Pre Development

2977

The Security Property is situated in Deebing Heights approximately 46 kilometres south-west of Brisbane’s Central Business District and 91 kilometres by road north-west of the Gold Coast with a Future Urban and Recreation Zoning under the Ipswich City Council Planning Scheme 2006. Deebing Heights is located in South East Queensland’s western growth corridor, which is one of largest employment and industry growth areas in Australia. The nearby township of Ripley provides a range of retail, restaurants, café amenity and a located approximately 5 kilometres away.

The Security Property comprises 115.98 hectares (286.59 acres) with 64.22 hectares (158.69 acres) being usable land. The subject forms ‘Flourish Ripley Valley’ with a Master Planned estate approved to deliver 892 allotments across 21 stages plus balance of land. Lots ranging in size between 295 square metres and 1,363 square metres with an average of 473 square metres. A primary school is proposed as is approximately 55% of the site to provide open space for existing vegetation with various parks, creek, playing fields incorporated into the design of the estate.

Maximum Loan Amount $24,300,000
Interest Rate 6.00% p.a. (variable)
LVR: 60.00%
Maturity Date: 3 March 2025
Original Term: 36 Months
Reference Number: 2977

You should first read and consider the PDS and TMD dated 28 February 2022 for the RMBL Mortgage Income Investments Fund available at www.rmbl.com.au/invest and consider whether the Fund meets your needs as well as the specific Supplementary PDS for any Loan(s) you wish to invest in. Investment in a specific Loan is subject to availability. Funds for investment can only be accepted by completing the Investment Application and consent is required for investment into a specific Loan.

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